Social Media

Microsoft seen as possible Twitter suitor: Source

Microsoft Chief Executive Satya Nadella speaks at a shareholders' meeting in Bellevue, Washington.
Jason Redmond | Reuters

Twitter, which is said to be entertaining buyout bids, may also have Microsoft as a potential suitor, a source told CNBC on Monday.

CNBC's David Faber reported on "Closing Bell" that the social media giant is moving closer to a formal sale process for the company, according to sources familiar with the situation. However, he said, that does not mean it is in that formal process yet.

Twitter potential sale seen accelerating: Sources

According to sources familiar with the matter, Facebook is unlikely to have interest in buying the social network. Moves toward a possible sale are expected to accelerate in the coming days, sources tell CNBC, with a deal potentially happening within the next 30-45 days.

On Monday, a report in Bloomberg said Walt Disney was also among those interested in Twitter.

Facebook and Microsoft declined to comment.

CNBC's David Faber contributed to this report.